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South Africa Union Rejects Implats, Sibanye’s Wage Offers

  • AMCU president says Sibanye is trying to provoke a strike
  • Union hasn’t responded to Anglo Platinum’s wage offer yet
Updated on

South Africa’s largest platinum-mining union has rejected initial wage offers from two of the world’s biggest producers and accused Sibanye Gold Ltd. of trying to provoke a strike. Sibanye’s shares plunged.

The Association of Mineworkers and Construction Union said its members turned down opening proposals from Impala Platinum Holdings Ltd and Sibanye. The workers haven’t met to decide on a response to Anglo American Platinum Ltd., the union said.